Gas prices drop below $4 for the first time since July

The week of November 9 marked the first time a gallon of regular gasoline fell below four dollars since mid-July. The Energy Information Administration's weekly retail survey put the U.S. average at $3.995, down 15.8 cents from $4.153 the prior week, a 3.8% drop in a single week and the cheapest pump reading since the week of July 13.

Key Takeaways The U.S. average regular gasoline price fell to $3.995 in the week of November 9, the first reading below $4.00 since mid-July. The 15.8-cent weekly decline, or 3.8%, is the steepest move of the current rollover and takes the price back under the $4 threshold drivers watch. A 12-gallon fill now runs about $47.94, roughly $1.90 cheaper than last wee…